Bitcoin whale's $2 billion wager hints at dramatic market rebound as retail sells off

A high-conviction Bitcoin whale placed a $2 billion wager that the worst is over and the market bottom might be in after a brutal leverage washout stripped speculative froth from the crypto market....

By · · 1 min read
Bitcoin whale's $2 billion wager hints at dramatic market rebound as retail sells off

Source: CryptoSlate

A high-conviction Bitcoin whale placed a $2 billion wager that the worst is over and the market bottom might be in after a brutal leverage washout stripped speculative froth from the crypto market. On Nov. 24, Deribit, the Coinbase-owned crypto options trading platform, reported a 20,000 BTC notional block trade, which appears to signal that institutional […]